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January 26, 2020

The World's First Chevrolet Corvette C8 Sold for P 152.5 Million

The history-making VIN # 0001 of the first mid-engined Chevrolet Corvette was sold for a whopping USD 3 million (~ P 152.5 million) at the 49th Annual Barrett-Jackson Scottsdale Auction.

The black-on-black Corvette Stingray 3LT with the Z51 performance package was auctioned to help The Detroit Children’s Fund, a nonprofit focused on high-potential investments to provide Detroit school children the opportunity to receive an excellent education.

The winning bid was placed by Rick Hendrick, founder and CEO of Hendrick Companies.

Hendrick will be able to get his mid-engined Corvette earlier than everyone else as assembly of the all-new sportscar hasn’t even started yet. Regular customer deliveries will commence before the end of February.

The all-new 2020 Corvette comes with a 6.2-liter V8 producing 495 horsepower and 637 Nm of torque. It’s the most powerful Corvette ever with a 0-100 km/h time of about 3 seconds. It’s also capable of achieving in excess of 1G on the skid pad.

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